Zoetis EVP awarded 1,266 phantom stock units
Lagano Roxanne reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Lagano Roxanne reported acquisition or exercise transactions in this Form 4 filing.
Zoetis Inc. Executive Vice President Roxanne Lagano received a grant of 1,266.4405 phantom stock units under the Zoetis Supplemental Savings Plan. Each unit’s value is tied to Zoetis common stock plus a small cash-equivalent component, and units are settled in cash after separation from service.
The grant represents an economic interest equivalent to 426.8022 shares of Zoetis common stock, with a reference value of $38.2000 per phantom stock unit. Following this award, Lagano holds a total of 30,081.5721 phantom stock units, which remain subject to plan transfer and investment rules.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Unit | 1,266.4405 | $38.20 | $48K |
Footnotes (2)
- F1. These phantom stock units, which were acquired pursuant to the Zoetis Supplemental Savings Plan, are settled in cash following the reporting person's separation from service and may be transferred by the reporting person into an alternative investment fund at any time, provided Zoetis may limit the timing, frequency and permissibility of transfers from one investment fund to another at any time.
- F2. Each phantom stock unit represents a fraction of a phantom share of Zoetis common stock, plus a small amount of cash-equivalent investments (the cash-equivalent investments typically represent around 5% of the total value of the phantom stock unit). Accordingly, the value of each phantom stock unit is determined by reference to the market value of Zoetis common stock and the value of the cash-equivalent investments.
Key Figures
Key Terms
Phantom Stock Unit financial
Zoetis Supplemental Savings Plan financial
cash-equivalent investments financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Zoetis (ZTS) executive Roxanne Lagano report on this Form 4?
How are Roxanne Lagano’s Zoetis (ZTS) phantom stock units valued?
How many Zoetis (ZTS) phantom stock units does Roxanne Lagano hold after this grant?
What underlying Zoetis (ZTS) common stock exposure is tied to this phantom stock grant?
AI-generated analysis. How Rhea-AI works. Not financial advice.